B—l [Pt. IV]

Note.—The items previously appearing herein respectively as liabilities and assets of special trusts under sections 105 and 358 of the Maori Land Act, 1931, have been omitted for the reason that only assets and liabilities as concern the Maori Land Board (and not the individual trusts) should appear in the accounts of a Maori Land Board. G. P. Shepherd Under-Secretary. M. J. Lawless, A.R.A.N.Z., Chief Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been compared with the accounts and Balance-sheets of the respective Maori Land Boards, and correctly state the position as disclosed thereby, subject to the following exception— Aotea: Exception: No evidence of payment was produced at audit in support of payments totalling £437 15s. 4d.— J.P.Rutherford, Controller and Auditor-General.

31

Investments — Common Fund — Mortgages and charges .. .. 194,321 16,844 13,382 22,237 49,178 69,417 18,637 4,626 Farm properties .. .. .. 73,043 .. 11,709 42,888 16,717 .. 1,729 On deposit with Maori Trustee .. 335,108 19,863 65,219 77,842 13,780 108,907 38,721 10,776 Advances on overdraft to blocks, &c. .. 23,985 1,148 5,731 12,644 1,592 1,888 805 177 Government securities .. .. 262,110 22,865 20,049 47,065 71,187 55,009 35,685 10,250 Company shares .. .. .. 101 .. . . .. .. .. 101 Particular estates — Mortgages .. .. .. .. 13,025 .. 6,148 .. .. 1,710 5,167 Government and other securities .. 57,734 .. 676 .. 29,553 25,255 1,815 435 959,427 60,720 122,914 202,676 182,007 262,186 102,660 26,264 Sundry debtors .. .. .. .. 4,541 154 267 2,757 1,249 93 21 Interest and instalments (due and accrued) .. 10,896 1,026 34 9,704 .. .. 132 15,437 1,180 301 12,461 1,249 93 153 Land and buildings .. .. .. 42,611 .. 11,083 5,858 11,524 14,146 Office equipment, &c. .. .. .. 22,204 100 4,268 3,924 7,688 3,321 1,935 968 64,815 100 15,351 9,782 19,212 17,467 1,935 968 1,082,398 72,541 149,462 228,873 209,408 285,819 107,674 28,621